wiar 11-21-17

Mary FanslauWhat I Am Reading

Nov 21 (Tuesday)

Markets
Developed Economies’ Stock Gains Pale Beside Emerging Markets’ GDP Boom (W)
The Long Bond—Not Fed—Is Deciding Dollar’s Future (W)

Central banks
Yellen to Leave Fed Board When New Chief Takes Over (W)

Europe
Merkel Weighs New Vote After Collapse of Coalition Talks (W)
Germany’s Political Impasse Will Stymie Further European Change (W)

China
China’s $15 Trillion Problem: Investors Don’t Believe in Losses (B)

US politics
Ron Johnson Is ‘Encouraged’ on Taxes But Slams ‘Awful Process’ (B)
Where senators stand on the Republican tax plan (FT)
Republicans Are Throwing Away Their Shot at Tax Reform (The Atlantic)

Geopolitics
U.S. to Label North Korea as ‘Sponsor of Terrorism’ (W)
U.S. Rebuffs China’s Charm Offensive, Edging Closer to Trade War (W)

Industries & companies
Autos: Volvo Promises Uber Fleet of Self-Driving Taxis by 2019 (W)
Banking: Zions to Challenge ‘Big Bank’ Label (W)
FANGs: FANG Stocks May Not Be ‘Tech’ Stocks in 2018 (W)
Industrials: GE Directors Buy Up Slumping Shares Ahead of Board Winnowing (B)
Media: FCC to Outline Plan to Roll Back Rules on Net Neutrality (W)
Retail: Retailers Try New Pricing Tricks to Battle Amazon on Black Friday (W)

Corporate finance
AT&T Sued by U.S. Seeking to Block Merger With Time Warner (B)
AT&T says DoJ’s Time Warner suit will chill deals (FT)
Takeovers Roar to Life Amid Footsteps From Tech Giants (W)
Marvell Confirms $6 Billion Purchase of Chip Maker Cavium (W)
Toshiba to Raise $5.3 Billion in Sale of New Shares (W)

Offbeat
Basic Income: $17,000 a Year, No Strings Attached (W)
CBS Suspends Charlie Rose, PBS Halts His Show Following Allegations (B)